California would regulate the cost of healthcare services under new proposed legislation

One lawmaker in California has a solution to drive down the cost of care: Regulate it. A bill introduced in the California Assembly Monday seeks to give the state more control over how much doctor’s visits and hospital stays cost.

The bill aims to bring individual held and employer-sponsored private health insurance plans closer in line with Medicare’s rate for a healthcare service or procedure. These prices would be set by an independent commission—a nine-member state entity appointed by the governor and state legislators. Hospitals or providers would be able to contest the prices and argue case-by-case for an increased rate.

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